CADIZ INC (CDZI)
Utilities · Water resource development and management · NASDAQ
Cadiz Inc develops water resources and agricultural assets in California's Mojave region, aiming to supply treated groundwater and sustainable water management solutions to municipal and agricultural customers.
What CADIZ INC does
Cadiz Inc is a land and water resource development company operating in San Bernardino County, California. The company is developing the Mojave Groundwater Bank to supply treated groundwater (up to 50,000 acre-feet annually) to public water agencies and agricultural users. Cadiz holds water supply agreements with multiple public water systems totaling 21,275 acre-feet per year and is engaged in land development and agricultural programs on its properties. The company remains unprofitable as it works through regulatory approvals and construction phases needed to generate significant operating revenues from its water and land development activities.
Themes: ["water supply infrastructure","groundwater management","water resources development","California water security","sustainable agriculture","regional water distribution"]
Fundamentals
- Price$3.99 as of 2026-07-09 close
- Market cap$342M as of 2026-07-10
- 1-year return+32.1% as of 2026-07-09 close
- Net margin-221.4% as of 2026-07-10
- Gross margin+31.4% as of 2026-07-10
- ROE-130.0% as of 2026-07-10
- Debt / equity5.48 as of 2026-07-10
- Revenue growth (YoY)+31.0% as of 2026-07-10
- Revenue CAGR (3y)+121.5% SEC XBRL
- Beta1.89 as of 2026-07-10
Dividend: yield +1.5%; pays a dividend.
Key risks (from latest filing)
["Development activities have not generated significant revenues to date and the company may never become profitable if unable to successfully implement water supply and agricultural development programs.","Water supply agreements are subject to financial and regulatory conditions precedent, and regulatory approvals, permits, and litigation from third parties could delay or prevent project implementation.","Variable water supplies, changing water allocation priorities, unforeseen technical difficulties, and ability to complete construction and meet contractual conditions create uncertainty around future operating revenues and project timelines."]
Competitors & peers
- Vidler Water Resources
- Western Water Company
- Metropolitan Water District of Southern California
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.